Extension of the maturity of an equity derivative instrument
Transcription
Extension of the maturity of an equity derivative instrument
Extension of the maturity of an equity derivative instrument Paris, April 4, 2014 LVMH has agreed with the counterparty bank to postpone the maturity of a June 2008 cashsettled instrument by one year. The new settlement period will begin on April 7th, 2015. After technical adjustments, the notional amount of this equity derivative instrument amounts to the equivalent of 214,961 Hermès International shares. This equity derivative instrument was registered with the French Autorité des Marchés Financiers in October 2010. LVMH LVMH Moët Hennessy Louis Vuitton is represented in Wines and Spirits by a portfolio of brands that includes Moët & Chandon, Dom Pérignon, Veuve Clicquot Ponsardin, Krug, Ruinart, Mercier, Château d’Yquem, , Château Cheval Blanc, Hennessy, Glenmorangie, Ardbeg, Wen Jun, Belvedere, 10 Cane, Chandon, Cloudy Bay, Terrazas de los Andes, Cheval des Andes, Cape Mentelle, Newton et Numanthia. Its Fashion and Leather Goods division includes Louis Vuitton, Céline, Loewe, Kenzo, Givenchy, Thomas Pink, Fendi, Emilio Pucci, Donna Karan, Marc Jacobs, Berluti, Nicholas Kirkwood and Loro Piana. LVMH is present in the Perfumes and Cosmetics sector with Parfums Christian Dior, Guerlain, Parfums Givenchy, Parfums Kenzo, Perfumes Loewe as well as other promising cosmetic companies (BeneFit Cosmetics, Make Up For Ever, Acqua di Parma and Fresh). LVMH is also active in selective retailing as well as in other activities through DFS, Sephora, Le Bon Marché, la Samaritaine and Royal Van Lent. LVMH's Watches and Jewelry division comprises Bulgari, TAG Heuer, Chaumet, Dior Watches, Zenith, Fred, Hublot and De Beers Diamond Jewellers Ltd, a joint venture created with the world’s leading diamond group. Contacts: Analysts and investors: Chris Hollis LVMH + 33 1.4413.2122 Michel Calzaroni/Olivier Labesse/ Sonia Fellmann/Hugues Schmitt DGM Conseil + 33 1.4070.1189 UK: Hugh Morrison + 44.773.965 5492 Italy: Michele Calcaterra/Mateo Steinbach Carlo Bruno&Associati +39 02.8905.5101 US: James Fingeroth/Molly Morse/ Anntal Silver Kekst & Company +1 212.521.4800 Media: France :